Banks Reject Small Business Credit Applications Five Times More Than Enterprise Clients, New Study Finds

pymnts.com/smbs/2025/banks-reject-small-business-credit-applications-five-times-more-than-enterprise-clients-new-study-finds

Half of financial institutions reject micro-business loan applications due to unverifiable legitimacy. Among those with access to third-party data, confidence in credit decisions — and lender profitability — rises sharply. So why do many lenders still rely on incomplete, outdated records…

This story appeared on pymnts.com, 2025-06-26 08:03:36.
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